The Free GST Calculator by Rest The Case is a simple and efficient tool designed to help individuals and businesses calculate Goods and Services Tax (GST) accurately. This tool enables users to determine both the GST-inclusive and GST-exclusive amounts for transactions, saving time and ensuring compliance with tax regulations. By using this calculator, you can avoid manual errors, simplify tax computations, and make informed financial decisions. Whether you are a business owner, accountant, or consumer, this tool is your go-to solution for quick and precise GST calculations, ensuring clarity and convenience in managing taxes.
GST (Goods and Services Tax) is a single tax applied to the sale of goods and services in India. It replaces various indirect taxes like VAT and excise duty, making it simpler for businesses and consumers. GST is charged at each stage of the supply chain, ensuring that tax is paid only on the value added at that stage. There are three main types of GST:
Overall, GST aims to streamline the tax system, reduce tax burden, and promote economic growth.
GST Calculator: A GST calculator helps you quickly calculate the Goods and Services Tax (GST) on your purchases or sales. You input the cost of goods or services and choose the applicable GST rate to get the total tax amount.
CGST (Central Goods and Services Tax): This part of GST is collected by the Central Government when goods or services are sold within a single state.
SGST (State Goods and Services Tax): This part is collected by the State Government for sales within the same state.
When you use a GST calculator, it can show you both CGST and SGST for transactions occurring within a state. If you are dealing with sales between different states, the appropriate tax calculations will be applied.
| Term | Description |
|---|---|
| GST | A single tax on goods and services that replaces various indirect taxes in India. |
| CGST | Central Goods and Services Tax, collected by the central government on sales within a state. |
| SGST | State Goods and Services Tax, collected by the state government on sales within the same state. |
Results: Total CGST: ₹120, Total SGST: ₹120
Results: Total CGST: ₹210, Total SGST: ₹210
Note: These examples show how to use a CGST and SGST calculator to determine the tax amounts for different costs and GST rates. The calculation methods for GST, CGST, and SGST are similar, but there are some distinctions in how they are applied.
The calculation methods for GST, CGST, and SGST are the same in terms of basic math, but the context (who collects what) differs based on whether the sale is intra-state or interstate.
Using a CGST and SGST calculator can make managing your taxes simpler and more efficient.
Example:
This method provides a quick way for manufacturers to calculate CGST and SGST.
Scenario: A retailer sells a product for ₹15,000 with a GST rate of 18%.
This method provides a quick way for manufacturers to calculate CGST and SGST.
| Total GST Rate, CGST, SGST | CGST | SGST |
|---|---|---|
| 5% | 2.5% | 2.5% |
| 12% | 6% | 6% |
| 18% | 9% | 9% |
| 28% | 14% | 14% |
For intra-state sales, GST is split equally into CGST and SGST. For interstate sales, IGST is applied at the combined GST rate.
Explore quick answers to common queries about obtaining legal aid from Rest The Case's experienced lawyers
CGST (Central Goods and Services Tax) is collected by the central government on intra-state sales, while SGST (State Goods and Services Tax) is collected by the state government for the same transactions. Both taxes are levied simultaneously on the sale of goods and services within a state.
To calculate CGST and SGST, first determine the original cost of the product or service and the applicable GST rate. Then, calculate the total GST using the formula: Total GST = Original Cost × GST Rate / 100. Finally, divide the total GST by 2 to get both CGST and SGST, as they are equal for intra-state transactions.
You should charge CGST and SGST when selling goods or services within the same state (intra-state sales). For interstate sales, you would charge Integrated GST (IGST) instead.
The CGST and SGST rates in India vary based on the product or service and are typically divided into slabs of 5%, 12%, 18%, and 28%. For instance, for an 18% GST rate, both CGST and SGST would be 9%.
Yes, businesses can claim input tax credit (ITC) for the CGST and SGST paid on purchases used for business purposes. This helps reduce the overall tax liability by allowing businesses to offset the GST they have already paid on inputs against the GST collected on sales.
Are you looking for an easy way to calculate your investments online? Get a clear picture of your financial future, with just a few clicks. Check out now and start investing like a pro!
Restthecase आयकर कैलकुलेटर के साथ अपने आयकर को कभी भी, कहीं भी सटीक रूप से गणना करें, AY 2024-2025 के लिए
Learn More 
NPS कैलकुलेटर आपकी योगदान राशि और अपेक्षित रिटर्न दर के आधार पर आपके NPS रिटर्न और कुल पेंशन कोष का अनुमान लगाने में मदद करता है।
Learn More
वेतन, किराया और स्थान के आधार पर आयकर उद्देश्यों के लिए हाउस रेंट अलाउंस (HRA)।
Learn More
SIP कैलकुलेटर आपको आपकी SIP की संभावित रिटर्न की भविष्यवाणी करने की अनुमति देता है, आपके मासिक योगदान और अपेक्षित रिटर्न दर को दर्ज करके।
Learn More
ग्रैच्युटी कैलकुलेटर आपको पांच साल की सेवा पूरी करने के बाद अपनी नौकरी छोड़ने पर भुगतान किए जाने वाले एकमुश्त राशि का अनुमान लगाने में मदद करता है।
Learn More
वेतन कैलकुलेटर आपकी कुल वेतन को नेट पे, कटौतियों और लाभों में विभाजित करने में मदद करता है, जिससे आपकी लेने योग्य वेतन की स्पष्ट तस्वीर मिलती है।
Learn More
RD कैलकुलेटर आपकी आवर्ती जमा (RD) की परिपक्वता राशि की गणना करने में मदद करता है, जिसमें मासिक निवेश राशि, कार्यकाल, और ब्याज दर दर्ज की जाती है।
Learn More
यह जानें कि सेवानिवृत्त होने के लिए आपको कितना बचत करने की आवश्यकता है और अपने भविष्य की योजना बनाना शुरू करें।
Learn More
हमारे उपयोगकर्ता-अनुकूल EMI कैलकुलेटर के साथ अपने लोन के समायोजित मासिक किस्तों (EMI) की गणना करें।
Learn More
समझें कि आपका पैसा साधारण ब्याज और चक्रवृद्धि ब्याज कैलकुलेटर के शक्तिशाली उपकरण से कैसे बढ़ रहा है।
Learn More
